we are back with dan and mary and steve moore. mary, explain this seeming contridiction between slow growth and buoyant markets. >> first of all with respect to the markets, i would say that if you look at a chart of for example, if you go back to say april of 2011 until october of 2012, you arke basically flat. there has been a lot of churning up and down. the s&p 500 index was a lot higher. in the last few months we have seen a little pick up there. certainly from the end of -- from the beginning of this year you saw a run in the market. you don't have a great return if you are a long-term investor. >> okay. but if growth is still slow, and some people are still investing in p cs. the corporate balance sheet earnings have been pretty good. they have cleaned out a lot of the debt from the crisis. could we be poised here for faster growth going forward? >> i think one of the things that explains why the corporate sector is doing well is they have access to money at 0 interest rates. that's not true for the broader population and n